It can be lonely at the top, as the saying goes. Too often, when leaders go at it by themselves with no accountability or team of advisers around them, ego and pride become their closest friends—particularly when they’re successful, even in the faith-based world—and they’re bound to make mistakes. Glenn Llopis, a former C-suite executive, detailed in a recent Forbes article why great leaders should admit to their errors.
1. It earns respect.
“When leaders are honest about their shortfalls and can learn from their mistakes, they earn respect, and along the way create an environment of transparency.”
2. Vulnerability strengthens the team.
“When leaders admit to mistakes… everyone begins to value the importance of having each other’s back.”
3. They lead by example.
“This elevates employee engagement to a point where leaders—by giving them permission not to fear making the wrong decision—are empowering employees to take more initiative, knowing they’re not always going to have the right answer.”
4. It builds a culture of trust.
“A workplace culture that promotes trust allows employees to live with an entrepreneurial attitude, which stimulates innovation and initiative.”